Posted 1/14/2024, 4:34:00 PM
Councils Facing £9 Billion Budget Crisis - Services Under Threat as Funding Falls 40% in Decade
- 40% of councils in England at risk of going bankrupt in next 5 years due to funding crisis
- Surging social care costs and other pressures creating £9bn budget blackhole
- Since 2021, 6 councils have declared themselves effectively bankrupt
- Residents in nearly 130 authorities could face service cuts or higher taxes
- Government funding for councils fallen 40% in real terms over last decade